SVB Leerink Initiates Coverage On Exelixis with Market Perform Rating, Announces Price Target of $18
Portfolio Pulse from richadhand@benzinga.com
SVB Leerink analyst Christopher Liu has initiated coverage on Exelixis with a Market Perform rating and a price target of $18.

August 08, 2023 | 1:02 pm
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NEUTRAL IMPACT
Exelixis has been given a Market Perform rating by SVB Leerink with a price target of $18.
The news of SVB Leerink initiating coverage on Exelixis with a Market Perform rating and a price target of $18 is directly related to Exelixis. This could influence investors' perception of the company and potentially impact its stock price. However, a Market Perform rating suggests that the stock is expected to perform in line with the market, indicating a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100